liquidation commencement date definition

liquidation commencement date means the date on which proceedings for liquidation commence in accordance with section 33 or section 59, as the case may be;

liquidation commencement date means the Existing Liquidation Commencement Date.

liquidation commencement date means the date on which the proceedings for voluntary liquidation commence as per section 59(5) and Regulation 3(4);

Examples of liquidation commencement date in a sentence

• Therefore, the Liquidation Commencement Date was considered as 27.12.2019.

• The warehousing charges from the Liquidation Commencement Date, i.e., 20th January 2021 till the actual clearance of material, are to be borne by the Successful bidder.

• The Liquidator shall be in no event be responsible for any liabilities / obligation / risks pertaining to the period prior to the Liquidation Commencement Date, and the same shall be dealt with, as per the provisions of law and directions of the NCLT or any higher authority thereof.

• All known or unknown, claimed or unclaimed, disclosed or undisclosed liabilities / obligations/ risk as on the Liquidation Commencement Date including prior claims of all creditors whether secured unsecured, workers, employees, statutory authorities on account of Income Tax, Sales Tax, GST, Service Tax, DGFT, Excise, Customs etc.

• Therefore, the Liquidation Commencement Date was considered as 11.05.2019 and Liquidator Appointment Date as 13.05.2019.

More Definitions of liquidation commencement date

liquidation commencement date means the day on which the Disposal Agent receives a Liquidation Commencement Notice.

liquidation commencement date means the later of (i) the day on which the Disposal Agent receives a Liquidation Commencement Notice and (ii) if Noteholder Settlement Option is specified in the applicable Issue Terms, the Settlement Option Cut-off Date.

liquidation commencement date has the meaning set forth in Section 15.1(b) hereof.

liquidation commencement date means May 1, 2009, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.05 of this Terms Document.

liquidation commencement date means the date on which the Tribunal passes an order of liquidation under section 63;

liquidation commencement date means the date on which the proceedings

liquidation commencement date means the date that is the earliest to occur of (i) the Distribution Date next succeeding the failure of the parties to the Note Purchase Agreement to extend any Existing Termination Date (whether by notice or by the failure to deliver notice on or prior to the applicable Consent Date) pursuant to Section 2.10 of the Note Purchase Agreement and (ii) the Existing Liquidation Commencement Date.